Category: Growing Wealth
The Risks of Playing The Stock Market
To the uninitiated, the stock exchange can seem like a casino, with news and social media feeds sharing stories of investors striking it rich by playing the stock market. But while there are winners, there are also losersâthose who lose money playing the market, sometimes pulling their money out of the market because theyâre afraid […]
The post The Risks of Playing The Stock Market appeared first on SoFi.
Is a Reverse Stock Split Good or Bad?
A stock split allows companies to increase the number of shares offered to investors, without changing shareholder equity. Rather than issuing new shares, companies may split stock to reduce prices. A reverse stock split can be used to condense and combine stock shares. A reverse stock split can be used to condense and combine stock […]
The post Is a Reverse Stock Split Good or Bad? appeared first on SoFi.
How I Made 2 Million Dollars From a Single Rental Property
I bought a commercial property in 2018 for $2,100,000. It was a 68k square foot strip mall that had a grocery store, restaurant, office, and coffee shop as tenants. I bought this property in Northern Colorado and it was the most expensive and biggest property I had ever purchased by far! I thought this was … Read more
What is Panic Selling & How Does it Work?
Panic selling is when enough investors want to sell their holdings at the same time that it creates a profound drop in prices. That drop scares other investors into selling, which causes prices to fall still further, which frightens more investors, and so on. The resulting panic can erase vast amounts of wealth. It can […]
The post What is Panic Selling & How Does it Work? appeared first on SoFi.
Good Debt and Bad Debt: Is There Really a Difference?
Many people think all debt is bad, others think it is okay to have good debt, and still some like all kinds of debt! Is there a difference between good debt and bad debt and what is good debt vs bad debt? Most people will tell you that good debt is debt that is against … Read more